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Crypto.com CRO Coin BULL MARKET CANCELLED?!?Added:
Crypto.com, Crowcoin holders, let's talk. We're seeing Crowcoin continue to break down. We're seeing Bitcoin flash being pingponged around between these two levels. There's going to be a big move coming very soon. Let's talk about it. Without further ado, welcome back to Cry Report. I'm Black C. Hit that like button. Subscribe to the channel right now. Anything I say in this video is not financial advice. I'm not a financial advisor. This for entertainment purposes only. Let's hop into it. All right, guys. So, let's start off looking at Crowcoin here. I just want to show you guys the daily time frame where basically we are breaking below 0689. Okay. And we've been doing this for the past couple days. And usually that's not really that spooky. You know, you can be chopping around like if you look back here, we were respecting the line, trapping bears, coming back up, trapping bears again really. And then a larger move. We come and ping pong off 0830.
very important support and resistance level. And now we're back below it.
Right now, I just want to say that I'm not that concerned about this level until we break below about 06682, which as of right now, we are starting to make our way towards that. We had a very interesting trading day in the stock market today. S&P 500, new all-time highs. We saw a lot of the AI chip companies going absolutely wild.
That's like all they do really right now. But that's a whole another video.
But talking about Crowcoin specifically, we're really in the hands of Bitcoin.
And if I were looking at to talk about Crowcoin specifically in a vacuum, if we start to break below that level of 0669168 around that area, I do expect the next leg down to start to play out. I do expect to come and retest around 5 1/2 cents at some point within the next 3 months. I think that's an appropriate time frame to be paying attention to. If we continue this closure below where I said 067 06 like around that area, right? If we start to break below that, you should expect a further price draw down. When you look at market cipher, the red dot on the momentum wave swiftly to the downside. The momentum wave on the downside is still in the light blue, meaning there's still more more momentum to come. And the money flow is still in the red, guys. And you know, we could come back up and come to green for a little bit. But based on where Bitcoin's at, even if we do see a little bit of a rally here, I'm still treating it as a lower high and a shorting opportunity.
And guys, I still am short Crocoin. My Crocoin shows up about 930%. Almost a 1,00% gain on it. I will say that will happen in my opinion. And right now, we're trading about $2,932 in the profit. It's a 50,000 crow short. And I'm going to continue to have this open probably until the end of 2026. And that's going to be the first time where I really assess this trade and say, "Hey, how much further can we go down?
Where is Bitcoin at? Has Bitcoin bottomed out?" And if the answer is yes, and the answer is no, we can't go that much further down, then I'm going to exit my Crowcoin short and my other altcoin short. So, I'm going to move that profit into Bitcoin. I'm going to accumulate Bitcoin because guys, I just want to accumulate as much Bitcoin as I possibly can. Now, if you do want to trade with me, you want access to my private trading community. Check out the pin comment section description box below. To get access, you sign up to this blowofin link right here. It's through this awesome exchange that we use. You get a $5,000 sign as well as access to our Discord server. So, after you sign up using this link, go further down in the description box. You'll see join the Cryptoport community. You click the Discord link, follow a couple steps, enter in your new user ID number from signing up to Blofen, and you're in. You can come say hi to us. You'll see our trade signals, our trade setups, and a little bit more of like a one-on-one trading community. Now, I will say guys, some of the links down below, they are fill links. that do help support this channel. And you know guys, it's a bare market. It's been pretty tough out there, but we stay tried and true because we've been in this space for over a decade really. I've been trading crypto for probably what, like 12 years now, probably about that. And I don't plan on leaving. I've been through many bare markets, been through many bull markets, and the bare markets when it gets so, so quiet. But this is when the true money is made. And the people that stay around here right now are the ones that get to pat themselves on the back in the bull market when all their coins 10x, 20x, even 100x right now. Let's talk about Bitcoin. Bitcoin is trading at $75,874.
Still above the wick around 74K, but there's a big butt here, guys. We are seeing daily candle closure below the 55 and the 21day EMAs, my friends. And that means in my opinion if we stay below this we are going to see the 21 flip below the 55 creating a death cross and initiating the next leg down in my opinion. I think that's what the most likely outcome is.
Now when you look at market cipher you do have the momentum wave to the downside. trying to clip back up, but you get this red dot. When you see like these little like when you see like that spooky spooky probably and the RSIs are just point straight down like we are probably due for a further price draw down here and it most likely will bring Crowcoin all the other altcoins down with it and that's why I'm still shorting guys. Now I've been saying for a while I expected this price action to be ping ponging between the 55 and 21 before we see a larger price move. We could see the daily come back in this price range between like 77,561 and 76,680. We could see a price get back in there for a day or two, but I do really think that not much longer. Like we will see a larger move play out here.
You just have to be very patient. It's going to probably happen the next couple days and you will see a much larger move play out. And in my opinion, I think it's to the downside unfortunately for you bulls out there. But you guys got to be patient because in my honest opinion, I think we're almost done in this bare market. I think we're about halfway through. I think we have I'd say more than halfway through. I would say we probably have like 150 days left, give or take 50 days on each end. So maybe if best case scenario be 100 days, right?
It's really not that long in the grand scheme of things. It's a battle against time in investing and trading and you need to be very conscious of that because if you're not, you're going to get torn up and you're going to get eaten up trying to scalp the wrong directions. You need to know what's going on in the bigger grander picture.
Okay, but that's all I got, guys. Hit that like button, subscribe to the channel now, sign up the Discord server down below. I'll see you next one.
Bye-bye.
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